India, Nov. 9 -- AI chip major Nvidia Corp.'s Board of Directors has initiated an independent investigation over recent media report against founder and CEO Jensen Huang being the target of a foreign intelligence effort. The probe comes after he confirmed having an affair with a Chinese woman named Alice Huang, or Huang Le, accused of working for Chinese intelligence.
Following the news, NVDA shares were losing around 4.4 percent in the overnight activity on the Nasdaq.
In late October, a report in The New York Times had mentioned that Jensen may have been the target of a Chinese spying plot. The Times then said that it had received exclusive information about a Chinese woman having close ties with Jensen aiming to gain key information ab...